| Subject: | [socialcredit] compensated price | | Date: | Wednesday, November 9, 2005 08:20:32 (EST) | | From: | Triumphofthepast <Triumphofthepast @...com>
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"We're not going to 'control' prices of goods item by item, John. . . . The merchant might be required, when participating in such a scheme, to agree to limit his profit on turnover to a pre-determined level that he considered reasonable." (Joe)
Wouldn't what profit is reasonable vary, not item by item but certainly industry by industry, according to risk?
If I were trying to sell this idea to voters, John, I would point out that by employing the bureaucracy to do the one needful thing, we will be able to eliminate the huge chunks that are spent on welfare, defense, and interest on the national debt.
To those of you defending the compensated price without this profit-on-turnover limit, I would say, "You have admirably defended the workability of the proposal, but in such a way that you can no longer show why it is necessary." That is, if the dividend would not be inflationary in the first place, the compensated price would have no function.
Michael
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compensated price
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